The vacant Palm Bay Chevrolet building could have a new tenant soon that has the potential to bring 150 jobs to the city during the next three years.

Written by

Dave Berman
| FLORIDA TODAY

The vacant Palm Bay Chevrolet building could have a new tenant soon that has the potential to bring 150 jobs to the city during the next three years.

The Brevard County Commission is scheduled to vote tonight on a proposal indicating the county's willingness to issue up to $10 million in bonds to spur redevelopment of the 110,658-square-foot site at 1450 Executive Drive N.E., near the Palm Bay Road exit of Interstate 95. Under the plan, the county would be the conduit for the issuance of what's known as "private-activity bonds" but would not assume any of the risks or pay any of the bond costs.